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Well its about time for Patrick to dump another 50 million shares in the old stock issued bucket. Somebody has propped the stock price up for a couple weeks now its time for a little dilution. Where's the sales #'s or merger news still waiting!
I've made peace with the fact I will never recoop my loses here. Just want to alert other invesrors not to make the same mistake I did. Patrick is just going to dilute his investors as long as the SEC will allow. R/splits then sell more to keep up his life style.
Only stock volume is the shares that Patrick is selling to pick up some quick cash! DILUTION thats the only volume why do think the price keeps falling. I can't lose but 450 more dollars of my 30000 dollar investment here.
If you are a long term investor in this stock there is no way in hell you will recoop the loses you have realized buying into Patricks bull$%@T!
Another nothing burger release! No sells no inventory no chips Covid-19. Hey Patrick high interest rates can be your next excuse for why you are fleecing your investors.
Almost 23 million shares at issue what happened with no dilution! WIth ANOTHER 225 MILLION OUT THERE FOR PATRICK TO LINE HIS POCKETS AT WILL ! The long term investors sure got Fu#$%d.
I have no problem accepting my investment in this company. The Ceo has never delivered on anything he has promised. Just trying to WARN any future investors not to make same mistake!
Warning Warning lost 96% of my investment going to trips again!
Stay away from this stock! Patrick turned my 30000 dollar investment into 1300. Just think if I would have invested in a real stock like Amazon or Goggle. Nothing burger here wanted to warn anybody thinking about investing in this piece on SH@#!
Great stock Have lost 90% of 30000 dollars. After reverse split it is pretty much worthless! I would stay away from OTC most of the CEO's are raping their stock holders.
What a great welcoming for the NGW shareholders 25% down! Our stock not being tradeable for several days allowing us to get stuck taking a big haircut off the 46.5 cents CAD we were to receive. What a great deal Mike really took care of his stockholders. What about the 50000 sqft expansion at NGW facility is it a go or not? I think Plantet 13 owes the loyal NGW shareholders some kind of guidance for the near future to stop this bleeding!
Contacted Fidelity they still have no date the transfer will occur. If anybody has information please give us a update.
Been on the phone with fidelity an hour and a half with no resolve said it could take days before the plnhf shows up in my account.They said it was very unsusal that it hasn't settled.
This Sux we have lost 5 or 6 cents a share in the buyout and we can't even trade the plantet 13 shares!
Hunterdog I would like to know your thoughts on what has transprired with the company selling to Planet 13. In your opinion will these move give us more shareholder value. Or do I need to sale and try to pick up some of the other beat up cannabis companies. I am in at 35 cents American at almost 1/4 million shares. I have been loyal to the company because I thought they would deliver shareholder value. Since they have postphoned the build the stock has been tanking. Are they going to build the 65000 ft expansion this coming year. I respect your opinion because I know you have believed in NXGW. Will you give your opinion so I can make my decision to sell or take Planet 13 stock.
Only positive take I have on the report is the 2 10,000 Preferred Series A stock issues to employees Jesse Prim and Corbin Boyle at $10 per share. Looks like they may believe in the future of BBRW.
Had to sell some of my NXGWF to average down here. Hated to do it but got caught up here. If anyone wants to to make 3 to 4 times your money in the next 6 to 9 months buy NXGWF now. It is a bargain! Real net earnings over 1.1Million a month and going to build another 50000 SQ.ft growing facility by the end of the year. Looking for it to upgrade to the NASDAQ.
I was sick for about a week when I took a 10 bagger a few weeks back on AABB. IF I would stayed in I could made 4 times that in the next two days. I believe you made a big mistake selling your stock now. This could be a real winner I'm in it because there not many opportunities to go from pennies to dollars.
Another lesson learned never put your trust in another person's vision. It was all hype liegh lead us to believe that he was going to make NXGWF a " Proctor& Gamble" in his own words. Now we are holding the bag with no guideance. I have been very positive on this board I'm sorry if anyone purchased stocks on my suggestion. After all that hype put out there to only give a brief statement is very cold! I will hold on to all my stock already 45% down not much to loose now.
If its going to take weeks to dry out the cannabis then how are they going to have revenue in August? Sounds like they will use ovens to dry out product or use regular dehydrators.
I know somebody just purchased 17,600 shares that was me. Finally got to 250,000 plus. I'm done y'all can have the rest. In at .35 now I can sit back and watch and listen to all the posters run the company as arm chair quarterbacks having no clue.
There's just as many buyers as sellers. Just the buyers are a lot smarter than sellers in my opinion. The buyers are like raptors feeding on the weak sellers right now. why would you pay up when your getting this stock at this price. You just have to wait for low volume days as day goes by the bids gets lower and lower.
That's why I think they should add small green houses to start to see what the demand will truly be before starting a major project. I said last week going in debt would be a bad idea. Demand will be what is going to drive the decision Leigh and leadership on build out. They are going to have to see demand being two to three times current production to justify another major build out in my opinion at this time.
His 2 million shares are now worth less than 500,000. He has lost money on paper like the rest of us. I'm sure contracter would be on board in seeing stock price rise including doing work at reduced rate. A penny or 2 dilution now for a dollar gain in the future sounds like a good deal to me.
My caculations you would have to issue 60 million shares to dilute to .15 cents at current price.
.38 cents american or close to 2 million shares at that time. If you gave him 3 million shares now at .25 american that would be 750,000 dollars. Would dilute probably a penny. He would have the incentive build fast and save company money. Benefit him and company with cost savings.
It behoves the contractor to give NGW a good deal on future construction. With him so invested in company the less he charges the higher and quicker stock price will rise. Better for him and us. I don't mind a little dilution if contactor is paid in stock. This gives him an incentive to give the construction first priorty and speed will be up most importance.
I can't believe all this talk about dilution. I think you all are worrying about something that want happen. The contractor who took shares for his work probably knows that it want happen or he would not took shares for payment. They probably have deals in works for him to do the next construction inwhich will be beneficial to him and all stock holders. If I am not mistaken he is in .38 with his 1 million plus stock deal. Do you think he would took stock if thought it would be diluted?
Maybe we will see a little bounce in price on that news, but the Senate will not take the Bill up any time soon. I'm just glad we got a chance to get in this stock at the ground floor. I would have never been able to be positioned this well if shares would have continued to rise. In the next 2 years we will realize what an opportunity we took advantage of.
I agree we need to meet demand and to be as big a force in the market as soon as possible. It needs to be done in the most cost efficient way. The balance sheet is what will drive this stock. Adding smaller greenhouses seems like the way to go as demand increases.
Hey lets not get the cart before the horse. I'd like to see a couple months of revenue and not being able to meet demand before thinking about a build out. Debt can be a real stock killer. Talking about the need for more product before first harvest is just noise.
Great buy! Listened in on conference call sounds like with a little patience everything should ramp up in the next month. When leigh delivers on his vision we will be greatly rewarded for having faith in him. I will be looking to add a few more shares in near future would like to get to the 250,000 mark.
Thanks alot some of us have a big stake in this venture. I'm looking forward to the conference call.
Sounds good like to set in too. I have had a good week with my GNBT and KAYS Hopefully NXGWF will be next.
I disagree I believe we can make more money if cannabis stays illegal for quite a while Federally.This will give a chance for Ngw to expand with less competion. Over satuation of the market is my biggest fear. Keeping risk in the market will slow down small start ups and keep some investors out.
There are plenty of buyers at .25 I guess they need to go to Mcdonnald's and eat everyday to be selling at below IPO price.
Weak Canadian's selling at a loss. No bad news a month away from continous harvest selling for .17. I was buying at .25 and was happy to do so. The stock is being bid down somehow. I have seen bid prices a lot higher than the actual sell price can't understand must be more than one pricing.
I.m not sure but right now they are not meeting threshold, but they say that it will in near future. The stock has went from .08 to 3.00 in a year. IM in at 1.65 right now. It was trading at 1.05 three weeks ago until this stock split news came out and that corporate would not receive the split.
Down to orginal buy-in at .21 I guess it should hold there. I don't think share holders are that scared to take a loss. I guess Sully is happy he got his wish. I'm sure he uses his negativety to try get poeple off their positions. Well I'm happy with my position down about 40% but in a few weeks there should be continous harvest. On a good note my GNBT announced a 1 for 1 split if they get accepted in NASDAQ and the Corporate owners agreed not to get the split. This was good news for regular shareholders like me.
WARNING greed will break this stock. .25 is less than a fair price for the stock. Once you break a stock it will take for ever to recover. Better beware of under bidding a stock. Right now is the time set a bottom. Just something to think about. I'm not buying another share for less than .25.
Well looks like we might test the IPO price. Buyers keep bidding down price so they shouldn't complain about current price. I've bought all my stock at market price. I guess if the sellers aren't excited about the stock then they should keep giving it away.